Virtu Financial LLC Buys Shares of 11,932 The Hain Celestial Group, Inc. (NASDAQ:HAIN)

Virtu Financial LLC purchased a new position in shares of The Hain Celestial Group, Inc. (NASDAQ:HAIN) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 11,932 shares of the company’s stock, valued at approximately $73,000.

Several other institutional investors have also made changes to their positions in the company. Point72 Asia Singapore Pte. Ltd. increased its position in The Hain Celestial Group by 225.5% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,954 shares of the company’s stock worth $43,000 after buying an additional 3,432 shares during the last quarter. Van ECK Associates Corp raised its stake in shares of The Hain Celestial Group by 49.0% in the 4th quarter. Van ECK Associates Corp now owns 10,805 shares of the company’s stock valued at $66,000 after acquiring an additional 3,554 shares in the last quarter. Grace & White Inc. NY bought a new position in shares of The Hain Celestial Group in the 4th quarter valued at approximately $86,000. Sanctuary Advisors LLC acquired a new stake in The Hain Celestial Group in the 3rd quarter worth approximately $93,000. Finally, EP Wealth Advisors LLC bought a new stake in The Hain Celestial Group during the third quarter worth approximately $94,000. 97.01% of the stock is currently owned by institutional investors and hedge funds.

The Hain Celestial Group Trading Up 1.0 %

Shares of HAIN stock opened at $4.15 on Tuesday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.00 and a current ratio of 1.90. The firm has a fifty day moving average of $4.30 and a 200-day moving average of $6.42. The Hain Celestial Group, Inc. has a 52-week low of $3.28 and a 52-week high of $9.43. The stock has a market cap of $374.53 million, a price-to-earnings ratio of -2.14 and a beta of 0.83.

The Hain Celestial Group (NASDAQ:HAIN) last announced its quarterly earnings results on Monday, February 10th. The company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.12 by ($0.04). The Hain Celestial Group had a positive return on equity of 2.88% and a negative net margin of 10.51%. On average, equities research analysts forecast that The Hain Celestial Group, Inc. will post 0.4 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Mizuho reduced their price objective on shares of The Hain Celestial Group from $7.00 to $4.50 and set a “neutral” rating for the company in a research note on Tuesday, February 11th. Stifel Nicolaus decreased their price target on shares of The Hain Celestial Group from $7.00 to $6.00 and set a “hold” rating for the company in a report on Tuesday, February 11th. Barclays dropped their price objective on The Hain Celestial Group from $6.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 11th. Maxim Group decreased their target price on The Hain Celestial Group from $15.00 to $10.00 and set a “buy” rating for the company in a research note on Tuesday, February 11th. Finally, Evercore ISI dropped their price target on The Hain Celestial Group from $9.00 to $6.00 and set an “in-line” rating on the stock in a research report on Wednesday, February 12th. Seven analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $6.44.

The Hain Celestial Group Profile

The Hain Celestial Group, Inc manufactures, markets, and sells organic and natural products in United States, United Kingdom, Europe, and internationally. It operates through two segments: North America and International. The company offers infant formula; infant, toddler, and kids' food; plant-based beverages and frozen desserts, such as soy, rice, oat, and spelt; and condiments.